iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Short Interest Down 6.4% in May

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMBGet Free Report) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totalling 23,300,000 shares, a drop of 6.4% from the April 30th total of 24,880,000 shares. Based on an average daily trading volume, of 6,057,600 shares, the days-to-cover ratio is currently 3.8 days.

Institutional Investors Weigh In On iShares J.P. Morgan USD Emerging Markets Bond ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Ironwood Investment Counsel LLC bought a new stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF during the third quarter valued at approximately $464,000. Manning & Napier Group LLC boosted its holdings in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 1.8% during the 4th quarter. Manning & Napier Group LLC now owns 8,087 shares of the exchange traded fund’s stock valued at $720,000 after buying an additional 146 shares in the last quarter. Sunbelt Securities Inc. grew its position in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 33.2% in the 3rd quarter. Sunbelt Securities Inc. now owns 3,135 shares of the exchange traded fund’s stock worth $259,000 after buying an additional 782 shares during the period. Sumitomo Life Insurance Co. increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 184.7% in the 4th quarter. Sumitomo Life Insurance Co. now owns 2,550,683 shares of the exchange traded fund’s stock worth $227,164,000 after acquiring an additional 1,654,771 shares in the last quarter. Finally, AdvisorNet Financial Inc increased its stake in shares of iShares J.P. Morgan USD Emerging Markets Bond ETF by 25.6% in the 4th quarter. AdvisorNet Financial Inc now owns 14,343 shares of the exchange traded fund’s stock worth $1,277,000 after acquiring an additional 2,924 shares in the last quarter. 91.08% of the stock is owned by hedge funds and other institutional investors.

iShares J.P. Morgan USD Emerging Markets Bond ETF Trading Up 0.5 %

Shares of EMB stock opened at $89.09 on Tuesday. The business’s 50 day moving average price is $88.59 and its 200-day moving average price is $88.04. iShares J.P. Morgan USD Emerging Markets Bond ETF has a fifty-two week low of $79.70 and a fifty-two week high of $90.08.

iShares J.P. Morgan USD Emerging Markets Bond ETF Announces Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 7th. Shareholders of record on Monday, June 3rd will be issued a $0.3627 dividend. The ex-dividend date of this dividend is Monday, June 3rd.

About iShares J.P. Morgan USD Emerging Markets Bond ETF

(Get Free Report)

iShares J.P. Morgan USD Emerging Markets Bond ETF, formerly iShares JPMorgan USD Emerging Markets Bond Fund (the Fund), is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the JPMorgan EMBI Global Core Index (the Index). The Index is a diverse United States dollar-denominated emerging markets debt benchmark, which tracks the total return of actively traded external debt instruments in emerging market countries.

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